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Πέμπτη 21 Ιανουαρίου 2010

Greece Plans Global Bond Sale

Renewed worries over Greece's fiscal problems weighed on the country's financial markets Thursday even as the government reaffirmed that it isn't seeking outside support to meet its borrowing needs.
Speaking to journalists, Finance Minister George Papaconstantinou said again that the country is capable of fixing its finances and restoring the confidence of investors, adding that reports of a European Union loan package were unfounded. "We are not expecting anyone to come to our aid," he said. "Greece has neither asked for, nor is it expecting, anything of the sort."

But markets were unconvinced. The Athens stock exchange was trading 0.3% ...

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